New S.B.A. website promotes entrepreneurship

Good news out of Washington, D.C., today with the word that the U.S. Small Business Administration and the Labor Dept. have launched a new website aimed at assisting entrepreneurs.

The goal is to promote entrepreneurship and help startups gain stronger foundations by working with the unemployed to help them polish their entrepreneurial skills.

Here’s more from the SBA:

The U.S. Small Business Administration and the U.S. Department of Labor today jointly announced a new website to support state workforce and unemployment agencies in implementing or enhancing Self-Employment Assistance programs. Today’s announcement expands on guidance issued in May, which  included $35 million in funding for states to implement or expand these programs made possible through the Middle Class Tax Relief and Job Creation Act of 2012.

“Our job at the SBA is to provide access and opportunity to entrepreneurs who want to start, grow or expand their business,” said SBA Administrator Karen Mills. “For entrepreneurs who find themselves unemployed, the SEA website and toolkit will help them turn small business ownership into a reality and possibly put others back to work at the same time – a win-win scenario.”

Participation in Self-Employment Assistance programs is voluntary for eligible Unemployment Insurance recipients, and enables them to receive financial assistance equal to their Unemployment Insurance benefits while they receive important entrepreneurial training and resources to help launch their own businesses. The new website provides tools and technical assistance to states that are considering implementing or enhancing a Self-Employment Assistance program, and additional resources to help savvy entrepreneurs launch their businesses and create new jobs.

“Small businesses are the country’s economic engine, and programs like Self-Employment Assistance will encourage more Americans to pursue their dreams of becoming entrepreneurs,” said Secretary of Labor Hilda L. Solis. “This new website will expand access to Self-Employment Assistance so that those who are unemployed today can become successful business owners tomorrow.”

One feature of the new site is the SBA toolkit that provides free online resources for entrepreneurs. The toolkit features a variety of online courses such as “How to Prepare a Business Plan,” “Franchising Basics,” “Government Contracting.”

The site also offers marketing assistance and tips on gaining adequate financing.

To learn more, visit: https://sea.workforce3one.org.

 

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